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Chinese stocks drop as data deepens liquidity concerns

Bloomberg China’s stocks slumped, as a neutral lending stance from the central bank and data showing surging economic activity renewed concerns about tightening liquidity. The CSI 300 Index closed 2.2% lower, after falling nearly 3% in afternoon trading. Stocks had initially pared losses on data showing growth rates of more than 30% for key economic indicators. Traders said sentiment was ...

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US futures climb with European stocks, oil

Bloomberg US futures and European stocks climbed on Monday as investors considered the outlook for inflation and vaccine progress. Travel companies and automakers led the Stoxx 600 Index to the highest level in a year. Danone, the world’s largest yogurt maker, jumped 5% after announcing it would replace its chairman. Brent crude topped $69 a barrel as economic data from ...

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Mohamed Bin Zayed Majlis opens with great turnout of UAE youth

ABU DHABI / WAM The third edition of the Mohamed Bin Zayed Majlis for Future Generations (MBZMFG) opened on Sunday under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces. The 2021 Majlis consists of virtual sessions led by decision makers, government officials, experts, ...

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